So should I just stack debt on top of debt infinitely? Like I can just get higher and higher loans with lower and lower percentages with my rising credit score.
>>533940255depends on why you’re stacking it.
>>533940255unironically, if you keep a reddit account and want some laughs, that board is a fucking gold mine
>>533940308Hmm just to be able to keep myself afloat without worrying too much
>>533940255That's what most of the midwits do.
>>533940255How do I join the chud goy clique?
>>533940255You go into debt to make a business that generates income on your behalf to get a good business credit score to then go and get more loans and make more businesses. You use inflation to depreciate your debt and make even more money over time through debt growing more worthless over time and the value of your business assets inflating. That's the short of it.
>>533940356Oh then you're doing get mega fucked. You should figure out how to borrow more money so you can claim you're using it to fund a business venture of some kind and just use that money to pay yourself a salary.
>>533940255i'm reasonably successful, own a home and home straight out and have a decent stock/crypto portfoliothe only thing I really regret (besides fantasies like "I wish I bought BTC at $1) is not taking on more debt.Inflation is now the explicit policy of all nations, and it will be crazy. take on as much debt (property debt) as you can manage. You won't regret it.
>>533940255Only 3 reasons to take out debt is to expand your earning potential, purchase a house or purchase something which will save you money in the long run. The last of those 3 are iffy and what I mean is more in terms of solar panel, inverter and battery system or water systems.Any other debt is very bad imo. You should learn patience if you are taking debt to buy anything other than those 3. For example, if you take out debt to buy a new car you could avoid that by saving money for several years. I decided to try to build my credit score and took out a 21k loan on a 42k car. After 1 year I paid the remaining off in full from seeing credit score go from 760 to 780. The interest isnt worth the 20 extra good goy points and I was foolish and tricked by a friend telling me it would take me from 760 to 820.
>>533940255incel revolution soon
